Kennametal Named Among Top of Caterpillar Inc's 2024 Indirect Suppliers
Kennametal (NYSE: KMT) has been named one of Caterpillar Inc's top indirect suppliers for 2024. The recognition highlights Kennametal's excellence in providing innovative solutions, productivity improvements, and engineering support. A key factor was the company's exceptional support in launching the Cat C27B and C32 cylinder heads at its Schertz, Texas facility. Kennametal, an industrial technology leader with over 85 years of experience, generates $2 billion in revenues and serves customers across aerospace, defense, earthworks, energy, and transportation sectors in nearly 100 countries with approximately 8,400 employees.
Kennametal (NYSE: KMT) è stata nominata uno dei principali fornitori indiretti di Caterpillar Inc per il 2024. Questo riconoscimento sottolinea l'eccellenza di Kennametal nella fornitura di soluzioni innovative, miglioramenti della produttività e supporto ingegneristico. Un fattore chiave è stato l'eccezionale supporto dell'azienda nel lancio delle teste cilindriche Cat C27B e C32 presso il suo stabilimento di Schertz, in Texas. Kennametal, leader nella tecnologia industriale con oltre 85 anni di esperienza, genera 2 miliardi di dollari di ricavi e serve clienti nei settori aerospaziale, difesa, movimento terra, energia e trasporti in quasi 100 paesi con circa 8.400 dipendenti.
Kennametal (NYSE: KMT) ha sido nombrado uno de los principales proveedores indirectos de Caterpillar Inc para 2024. Este reconocimiento destaca la excelencia de Kennametal en la provisión de soluciones innovadoras, mejoras en la productividad y apoyo en ingeniería. Un factor clave fue el apoyo excepcional de la empresa en el lanzamiento de los cabezales de cilindro Cat C27B y C32 en su instalación de Schertz, Texas. Kennametal, líder en tecnología industrial con más de 85 años de experiencia, genera 2 mil millones de dólares en ingresos y atiende a clientes en los sectores aeroespacial, defensa, movimientos de tierra, energía y transporte en casi 100 países con aproximadamente 8,400 empleados.
켄나메탈 (NYSE: KMT)는 2024년 카터필라(Caterpillar Inc)의 주요 간접 공급업체 중 하나로 선정되었습니다. 이번 인정은 혁신적인 솔루션, 생산성 향상 및 엔지니어링 지원을 제공하는 켄나메탈의 우수성을 강조합니다. 주요 요인은 텍사스 주 셔츠(Schertz)에 있는 시설에서 Cat C27B 및 C32 실린더 헤드를 출시하는 데 있어 회사의 탁월한 지원이었습니다. 켄나메탈은 85년 이상의 경험을 가진 산업 기술 리더로 연간 20억 달러의 수익을 올리며, 거의 100개국에서 항공우주, 방위, 토목, 에너지 및 운송 분야의 고객에게 약 8,400명의 직원과 함께 서비스를 제공합니다.
Kennametal (NYSE: KMT) a été nommé l'un des principaux fournisseurs indirects de Caterpillar Inc pour 2024. Cette reconnaissance souligne l'excellence de Kennametal dans la fourniture de solutions innovantes, d'améliorations de la productivité et de soutien en ingénierie. Un facteur clé a été le soutien exceptionnel de l'entreprise lors du lancement des têtes de cylindre Cat C27B et C32 dans son installation de Schertz, au Texas. Kennametal, leader en technologie industrielle avec plus de 85 ans d'expérience, génère 2 milliards de dollars de revenus et sert des clients dans les secteurs aérospatial, défense, travaux de terrassement, énergie et transport dans près de 100 pays avec environ 8 400 employés.
Kennametal (NYSE: KMT) wurde 2024 als einer der Top-Indirektzulieferer von Caterpillar Inc ausgezeichnet. Diese Anerkennung betont die Exzellenz von Kennametal in der Bereitstellung innovativer Lösungen, Produktivitätssteigerungen und Ingenieursunterstützung. Ein entscheidender Faktor war die außergewöhnliche Unterstützung des Unternehmens beim Start der Kat C27B- und C32-Zylinderköpfe in seiner Anlage in Schertz, Texas. Kennametal, ein führendes Unternehmen in der Industrietechnologie mit über 85 Jahren Erfahrung, erzielt Einnahmen von 2 Milliarden Dollar und bedient Kunden in den Bereichen Luft- und Raumfahrt, Verteidigung, Erdbewegung, Energie und Transport in fast 100 Ländern mit rund 8.400 Mitarbeitern.
- Recognition as top supplier by major customer Caterpillar Inc
- Successful support in launching Cat C27B and C32 cylinder heads
- $2 billion in annual revenues
- Global presence in nearly 100 countries
- None.
Insights
This supplier recognition from Caterpillar, while positive for business relationships, has direct financial impact on Kennametal's stock value. The successful launch of cylinder head projects at the Schertz facility demonstrates operational execution but represents only a fraction of Kennametal's
The award validates Kennametal's technical capabilities in materials science and tooling solutions, particularly in the transportation and heavy equipment sectors. However, investors should focus more on broader market conditions, raw material costs and the company's overall revenue growth and margin trends rather than individual customer accolades.
Key drivers of this recognition include Kennametal's exceptional support in the successful launch of the Cat C27B and C32 cylinder heads at its
"We are incredibly proud to be recognized as one of Cat's top suppliers," said Dave Bersaglini, President of Kennametal's Metal Cutting segment. "This acknowledgment is a testament to the hard work, expertise, and customer-first approach that our teams deliver every day. At Kennametal, we are committed to delivering value for our customers by providing advanced solutions and ensuring seamless execution at every step."
About Kennametal
With over 85 years as an industrial technology leader, Kennametal Inc. delivers productivity to customers through materials science, tooling and wear-resistant solutions. Customers across aerospace and defense, earthworks, energy, general engineering and transportation turn to Kennametal to help them manufacture with precision and efficiency. Every day approximately 8,400 employees are helping customers in nearly 100 countries stay competitive. Kennametal generated
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SOURCE Kennametal Inc.
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